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FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for a FHA-insured loan, is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

FHA loans offer borrowers several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3.5-5%

The FHA is also more flexible in calculating factors to determine whether or not to approve the loan factors such as household income and repayment ratios.

Return to fha loans in the state of GA

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Austell, Georgia News
Wilkins gets life for teen's brutal murder

Cobb County Superior Court Judge LaTain Kell on Thursday sentenced Mathew Wilkins, 21, to life in prison plus 20 years for the January 2008 murder of 16-year-old Marlisa Wells.


Landmark Austell Store Closing After 60 Years

On a two lane road in downtown Austell, between Spring Street and Love Street, is Lamar's Clothing store.


Dense fog to be followed by storms

Dense fog early Friday could give way to thunderstorms later in the day, as a storm system moves into the state from the west.


Crash kills Marine driving home after returning from Iraq

AUSTELL, Ga. -- A 21-year-old U.S. Marine on his way home to Alabama after a tour of duty in Iraq was killed in a head-on collision near Six Flags.


Lamar's Clothing closing after 60 years in Austell

After 60 years in business, the family owned Lamar's Clothing in downtown Austell is going out of business.


Questions remain after pit bull attacks

Jan. 6, 2009: Two pit bulls in Austell injure a woman and her three children. July 18, 2009: Pit bulls kill a Pomeranian in Powder Springs.


Cobb seniors affected by flood receive grand piano

The Austell Neighborhood Senior Center lost everything in the September 2009 flood including a cherished piano.


Severe Storms Possible In North Georgia Friday

The rains have stopped and flood watches that covered North Georgia on Wednesday are but a memory, but Friday could bring some severe weather to the region.


Georgia man convicted of killing girlfriend, 16, who wanted to keep baby she didn't have

AUSTELL, Ga. a ' A Douglasville man was convicted Wednesday of stabbing and beating his 16-year-old girlfriend to death after she confided she was pregnant and wanted to keep the baby.


People living in 'Cat Holes' in beautiful Atlanta.

People living in "Cat Holes" in beautiful Atlanta. March 8, 10:43 AM What do the homeless do in their spare time in Atlanta? Some minister to others through a church in Atlanta called Rescue Atlanta.


Austell Police Officer Found Dead in Forsyth

Forsyth police and the GBI are looking into the death of an Austell police officer.


Austell First United M...

Austell First United Methodist Church will have Gospel Night Austell with Christian recording artist Carole Ford.


Murder scene 'gruesome'

The first officer on the bloody scene where Marlisa Wells, 16, was killed, testified Thursday that it was "one of the worst and most gruesome scenes" he had ever been to in his career in law enforcement.


Prosecutors: Murder victim unknowingly involved in love triangle

Prosecutors said Wednesday in opening statements of the murder trial of Mathew Wilkins that then-16-year-old Marlisa Wells was unknowingly involved in a love triangle with Wilkins and his girlfriend when Wells was killed almost two years ago.


AT&T may no longer distribute phone books in GA

PSC Considers Proposed Changes in Telephone Directory Rules to Eliminate Mandatory Distribution of Most Printed Directories; ATLANTA - The Georgia Public Service Commission is considering proposed changes to Commission rules in response to a request from AT&T Georgia that would eliminate mandatory distribution of printed directories to 18 Georgia ...


Motorcyclists' organization receives award

From left, Terry L. Simmons, co-coordinator; Frank Chaney, activities director, Linda Chaney, membership director; Winston Stansberry, co-coordinator; Glenn Roberts, legislative director and Wendell Hamilton, Sgt.


Austell faces rising danger at juncture of 5 creeks

Brant Sanderlin, bsanderlin@ajc.com When the floodwaters finally receded in Austell, city leaders, the federal government and a giant rail yard in the crook of two creeks all took the heat from angry victims.


Cobb Co. Flood Victims Get Helping Hand

It's been five months since floods wiped out thousands of homes in the metro Atlanta area and many people are still homeless.


Flooded Austell, Ga. school will be replaced

The Cobb County school board has voted to build a replacement for Clarkdale Elementary School in Austell, which was flooded in September and was left unusable.


Pit bulls that chased woman found in Cobb County

Cobb County animal control officers Tuesday found two pit bulls that chased after an elderly woman and her Jack Russell terrier at a Marietta apartment complex.


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